Onshore wind energy costs have fallen again in Germany’s latest onshore wind auction, with 1 GW worth of capacity awarded at an average support price of €38/MWh, and with a lowest bid of €22/MWh.
The global installed capacity of solar PV is expected to increase from 49.77 gigawatts per anum to 69.86 gigawatts by 2020, but declines in module prices will see the market value drop from $39.71 billion in 2016 to $33.43 billion in 2020.
The energy storage technology company BioSolar has claimed a breakthrough in the field of lithium-ion batteries, according to a recent press release. To be more specific, the company has claimed that a technology that it’s currently developing can significantly expand the life, increase the energy capacity, and lower the costs … [continued]
Renewable power costs are declining sharply, with rapid deployment and fast rates of learning fueling ongoing capacity additions and cost reductions, according to a comprehensive new global report from the International Renewable Energy Agency.
[social_buttons] Despite the economic recession, the solar industry grew significantly in 2009. The solar industry added 17,000 jobs to the US economy in 2009. Installed solar capacity grew by approximately 37%. And we saw a serious drop in the cost of solar. (more info and graphs below) 46,000 jobs are … [continued]
DOE Releases New Report on Accelerating Deployment of Grid Solutions to Lower Costs and Improve Reliability WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today announced the release of its latest Pathways to Commercial Liftoff report, focused on unleashing the potential of advanced grid solutions. “Pathways to Commercial Liftoff: Innovative … [continued]
Here’s a story about how a small change in technology can help solve a large problem for utility companies. Heimdall Power of Norway has developed a sensor it calls a Neuron, but which is known in the industry as a “magic ball.” In essence, what a Neuron does is wrap … [continued]
A recent article at Heatmap explains a simple way grid operators are coping with the increased loads and inputs they face today. With more and more appliances and vehicles going electric, more power is needed. At the same time, record growth in renewable energy projects using wind and solar help … [continued]
From EV charging myths to EV battery myths, there are a lot of myths to go around. Electric vehicles are on the precipice of becoming mainstream, but they aren’t mainstream yet. If you remember the famous tech adoption lifecycle chart, you’re not reaching the “early majority” until above 15% market … [continued]
The latest report from the US Energy Information Agency predicts solar and BESS will account for 80% of new electricity capacity in 2024.
